how much return you expect from commodity market

[ashwani chadha]

i would like to clarify that we may not get positions to day,but when we get positions at eod then their profit per trade comes in thousands not in hundreds and normally we get positions when their is a major gap down opening in the morning at that time normally eod long are accumulated and they stay for next few days and gives good profit after 5 to 15 days of holding them,your average trade will come hardly one per day ,but each eod trade profit will be equal to ten intra day trades

silver eod pivot is 57600

 

[apradhan]

silver eod pivot is 57600

Hi Sir,

To calculate eod pivot mechanically what factors we should look into.

 

[ashwani chadha]

silver eod pivot is 57600

eod closing below 56904 should be our stop loss.to be trigered at 11.50 today ,if closing looks to come below 56904,other wise long to be carried

 

[ashwani chadha]

Hi Sir,

To calculate eod pivot mechanically what factors we should look into.

previous day high +low+close/three=to day pivot point
this is the most popular system of calculating pivot,but i would like to clarify that most of the seasoned trader use their own way of calculating various things for technical point of view

 

[ashwani chadha]

eod closing below 56904 should be our stop loss.to be trigered at 11.50 today ,if closing looks to come below 56904,other wise long to be carried

first target profit is always twice the risk taken
57600(BUYING)-56900(STOP LOSS)=700 point risk x two=1400 point first target reward is required
so target sell price will be 57600+1400=59000

 

[apradhan]

previous day high +low+close/three=to day pivot point
this is the most popular system of calculating pivot,but i would like to clarify that most of the seasoned trader use their own way of calculating various things for technical point of view

Sir,

Please do continue the learning of eod system of trading.

 

[ashwani chadha]

first target profit is always twice the risk taken
57600(BUYING)-56900(STOP LOSS)=700 point risk x two=1400 point first target reward is required
so target sell price will be 57600+1400=59000

either stop loss will triger or we will trail the trade for next days till we don't get the desired target sell level
NOW WE ARE JUST TALKING ABOUT END OF DAY TRADING

 

[ashwani chadha]

either stop loss will triger or we will trail the trade for next days till we don't get the desired target sell level
now we are just talking about end of day trading

first break even locking will come--once reward is equal to risk--
buying 57600 add risk taken 700 points add brokerage expenses say 50 rs for one micro lot of silver so total 57600+700+50=58350
once just one tick above 58350 comes shift your stop loss to 57600+50=57650--which is your breakeven point
after that it will be considered free trade-if it goes against you -you will loose nothing but will close your position at par

 

[ashwani chadha]

first break even locking will come--once reward is equal to risk--
buying 57600 add risk taken 700 points add brokerage expenses say 50 rs for one micro lot of silver so total 57600+700+50=58350
once just one tick above 58350 comes shift your stop loss to 57600+50=57650--which is your breakeven point
after that it will be considered free trade-if it goes against you -you will loose nothing but will close your position at par

your protective stop loss will be 1% below trailing stop loss,to save your self ,if some extraordinary volatility come due to unavoidable circiumstances

 

[ashwani chadha]

Trailing stop loss is a mental stop loss as it is closing below stop loss,but
protective stop loss is a trigger stop loss,which you will use along with taking a trade